• ENGLISH
  • ESPAÑOL
facebook
twitter
  • National>Entertainment
  • National>Local Economics
  • National>Local Politics
  • National>Society
  • National>Sports
BREAKING NEWS
Ecuador incorporates 25,000 hectares of paramo to its protected areas
Former comptroller Pólit ‘helped’ a corrupt businessman get an appointment with Correa
Ecuador still has one of the weakest passports in Latin America
The European Union increases its banana consumption
This is how Quaker oats are made, a product that has been in Ecuador for several decades
Economy in 2024: stagnant, without the ITT and with a mining sector in decline
Bird flu detected in dead birds in Galapagos
El Niño phenomenon: alert status changes from yellow to orange in Ecuador
The United States is the first destination for Ecuadorian organic bananas
Ecuador incorporates 65 thousand new hectares of forest under conservation

Elimination of tariffs on European cars will take seven years

Posted On 28 Jul 2014

union-europea-carrosAt the end of the negotiations for the trade agreement between Ecuador and the European Union, the elimination of tariffs for European vehicles was determined to start from 2016 and will take additional seven years.

The Government added that what is sought with that clearing period is to give a term to national assemblers in order to have the opportunity to become more competitive, generate added value and access new markets.

The President Rafael Correa stated that they seek to protect the national industry, but if after the period of relief they are unable to compete with industrial goods from the EU, they would be protecting an inefficient national sector.

Juan Bermeo, President of the Chamber of Automotive Industry of Ecuador (Cinae), said that they are working to become more competitive in this term.

About the Author
  • google-share
Previous Story

Commission prepares report on unemployment pension funds

Next Story

The 40% of sold cars in Ecuador are of Asian brands

SEARCH

LATEST NEWS

Ecuador incorporates 25,000 hectares of paramo to its protected areas

Posted On 27 Sep 2023

Former comptroller Pólit 'helped' a corrupt businessman get an appointment with Correa

Posted On 27 Sep 2023

Ecuador still has one of the weakest passports in Latin America

Posted On 26 Sep 2023
Copyright © 2010 - 2019. All Rights Reserved. EcuadorTimes.net